No. of Recommendations: 1
No, I haven't tendered. I've decided to take my chances. The fact that they have the right to call the bonds at the end of this month anyhow makes me think they want to retire some but not all of their outstanding bonds. If I'm right, I can collect 10% plus to maturity. The current tender off isn't much higher than what I would get if it were simply called, so I'm not really tempted by it.
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